Hansa Income Tax Expense vs Selling General Administrative Analysis

HAN Stock   234.00  4.00  1.68%   
Hansa Trust financial indicator trend analysis is much more than just examining Hansa Trust latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hansa Trust is a good investment. Please check the relationship between Hansa Trust Income Tax Expense and its Selling General Administrative accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hansa Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Income Tax Expense vs Selling General Administrative

Income Tax Expense vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hansa Trust Income Tax Expense account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Hansa Trust's Income Tax Expense and Selling General Administrative is -0.09. Overlapping area represents the amount of variation of Income Tax Expense that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Hansa Trust, assuming nothing else is changed. The correlation between historical values of Hansa Trust's Income Tax Expense and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Tax Expense of Hansa Trust are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Income Tax Expense i.e., Hansa Trust's Income Tax Expense and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Tax Expense

Selling General Administrative

Most indicators from Hansa Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hansa Trust current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hansa Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
The current year's Tax Provision is expected to grow to about 247.5 K, whereas Selling General Administrative is forecasted to decline to about 1.1 M.

Hansa Trust fundamental ratios Correlations

0.010.26-0.20.0-0.04-0.150.010.01-0.330.01-0.02-0.890.28-0.170.0-0.89-0.09-0.03-0.03-0.270.320.060.350.21-0.06
0.010.5-0.231.0-0.25-0.640.271.0-0.720.27-0.04-0.230.28-0.20.18-0.23-0.27-0.090.2-0.650.730.070.190.810.12
0.260.5-0.230.49-0.52-0.620.430.47-0.640.430.07-0.35-0.34-0.130.38-0.350.380.14-0.52-0.110.64-0.15-0.390.420.4
-0.2-0.23-0.23-0.27-0.230.110.28-0.260.290.280.120.26-0.170.960.280.260.140.12-0.160.26-0.24-0.03-0.22-0.41-0.04
0.01.00.49-0.27-0.23-0.640.251.0-0.720.25-0.04-0.230.28-0.230.16-0.23-0.28-0.090.21-0.660.730.070.190.820.12
-0.04-0.25-0.52-0.23-0.230.47-0.98-0.180.33-0.98-0.440.070.0-0.3-0.890.07-0.05-0.350.270.17-0.360.460.23-0.130.09
-0.15-0.64-0.620.11-0.640.47-0.52-0.610.38-0.52-0.380.18-0.050.14-0.510.180.18-0.280.330.6-0.810.410.26-0.43-0.07
0.010.270.430.280.25-0.98-0.520.2-0.271.00.51-0.020.030.320.93-0.02-0.040.39-0.24-0.240.35-0.5-0.210.1-0.11
0.011.00.47-0.261.0-0.18-0.610.2-0.710.2-0.1-0.230.29-0.220.1-0.23-0.28-0.140.24-0.650.710.130.220.820.13
-0.33-0.72-0.640.29-0.720.330.38-0.27-0.71-0.270.110.47-0.110.1-0.140.47-0.130.150.010.29-0.53-0.11-0.11-0.74-0.11
0.010.270.430.280.25-0.98-0.521.00.2-0.270.51-0.020.030.320.93-0.02-0.040.39-0.24-0.240.35-0.5-0.210.1-0.11
-0.02-0.040.070.12-0.04-0.44-0.380.51-0.10.110.510.03-0.090.060.770.030.070.91-0.370.00.23-0.95-0.35-0.27-0.21
-0.89-0.23-0.350.26-0.230.070.18-0.02-0.230.47-0.020.03-0.380.22-0.011.00.140.04-0.140.36-0.57-0.08-0.47-0.440.1
0.280.28-0.34-0.170.280.0-0.050.030.29-0.110.03-0.09-0.38-0.23-0.07-0.38-0.82-0.250.78-0.710.230.140.840.43-0.65
-0.17-0.2-0.130.96-0.23-0.30.140.32-0.220.10.320.060.22-0.230.280.220.270.05-0.210.33-0.250.02-0.26-0.34-0.02
0.00.180.380.280.16-0.89-0.510.930.1-0.140.930.77-0.01-0.070.28-0.010.050.69-0.34-0.140.34-0.74-0.31-0.03-0.11
-0.89-0.23-0.350.26-0.230.070.18-0.02-0.230.47-0.020.031.0-0.380.22-0.010.140.04-0.140.36-0.57-0.08-0.47-0.440.1
-0.09-0.270.380.14-0.28-0.050.18-0.04-0.28-0.13-0.040.070.14-0.820.270.050.140.25-0.780.85-0.24-0.14-0.76-0.420.34
-0.03-0.090.140.12-0.09-0.35-0.280.39-0.140.150.390.910.04-0.250.050.690.040.25-0.450.160.16-0.9-0.43-0.3-0.07
-0.030.2-0.52-0.160.210.270.33-0.240.240.01-0.24-0.37-0.140.78-0.21-0.34-0.14-0.78-0.45-0.53-0.030.460.930.44-0.32
-0.27-0.65-0.110.26-0.660.170.6-0.24-0.650.29-0.240.00.36-0.710.33-0.140.360.850.16-0.53-0.65-0.05-0.59-0.720.16
0.320.730.64-0.240.73-0.36-0.810.350.71-0.530.350.23-0.570.23-0.250.34-0.57-0.240.16-0.03-0.65-0.220.080.670.04
0.060.07-0.15-0.030.070.460.41-0.50.13-0.11-0.5-0.95-0.080.140.02-0.74-0.08-0.14-0.90.46-0.05-0.220.450.310.23
0.350.19-0.39-0.220.190.230.26-0.210.22-0.11-0.21-0.35-0.470.84-0.26-0.31-0.47-0.76-0.430.93-0.590.080.450.49-0.32
0.210.810.42-0.410.82-0.13-0.430.10.82-0.740.1-0.27-0.440.43-0.34-0.03-0.44-0.42-0.30.44-0.720.670.310.490.11
-0.060.120.4-0.040.120.09-0.07-0.110.13-0.11-0.11-0.210.1-0.65-0.02-0.110.10.34-0.07-0.320.160.040.23-0.320.11
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Hansa Trust Account Relationship Matchups

Hansa Trust fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets276.8M371.5M383.2M367.4M455.0M302.6M
Other Current Liab(3.7M)(3.6M)(368K)(412K)421K442.1K
Total Current Liabilities3.7M3.6M368K412K421K400.0K
Total Stockholder Equity276.3M367.9M382.9M367.0M454.5M298.7M
Net Debt2.1M346K(3.0M)(14.0M)(4.4M)(4.6M)
Accounts Payable694K534K388K412K421K400.0K
Cash1.1M2.8M3.0M14.0M4.4M4.7M
Non Current Assets Total276.4M368.4M380.0M353.3M449.2M296.5M
Non Currrent Assets Other3.2M(368.4M)(380.0M)(353.3M)(449.2M)(426.7M)
Cash And Short Term Investments1.1M2.8M3.0M14.0M4.4M4.7M
Liabilities And Stockholders Equity276.8M371.5M383.2M367.4M455.0M302.6M
Other Stockholder Equity327.9M326.0M324.8M323.8M322.8M339.0M
Total Liab534K3.6M368K412K421K400.0K
Total Current Assets3.6M3.0M3.2M14.1M5.8M6.2M
Retained Earnings(52.8M)40.7M56.9M42.0M130.5M153.2M
Other Current Assets2.5M177K201K128K1.5M1.5M
Net Tangible Assets276.3M367.9M382.9M367.0M422.0M353.3M
Other Assets(3.2M)83K177K201K110K104.5K
Long Term Investments276.4M368.4M380.0M353.3M449.2M362.3M

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Other Information on Investing in Hansa Stock

Balance Sheet is a snapshot of the financial position of Hansa Trust at a specified time, usually calculated after every quarter, six months, or one year. Hansa Trust Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Hansa Trust and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Hansa currently owns. An asset can also be divided into two categories, current and non-current.